SPC Financial Inc. Reduces Holdings in Union Pacific Co. (NYSE:UNP)

SPC Financial Inc. decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,318 shares of the railroad operator’s stock after selling 50 shares during the period. SPC Financial Inc.’s holdings in Union Pacific were worth $1,311,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific during the first quarter worth about $26,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the second quarter worth about $28,000. Scarborough Advisors LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $29,000. Cultivar Capital Inc. purchased a new stake in Union Pacific in the second quarter valued at approximately $27,000. Finally, Tributary Capital Management LLC purchased a new stake in Union Pacific in the first quarter valued at approximately $30,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Bank of America dropped their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Sanford C. Bernstein dropped their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Monday, July 29th. Finally, Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.25.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is owned by company insiders.

Union Pacific Stock Performance

Shares of UNP opened at $248.11 on Thursday. The stock has a 50-day simple moving average of $246.25 and a 200-day simple moving average of $238.61. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a market capitalization of $151.15 billion, a PE ratio of 23.30, a PEG ratio of 2.27 and a beta of 1.05. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $2.57 EPS. On average, analysts predict that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.